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Through the program, the bank promises to close a mortgage in 21 days, and if the bank doesn’t close on the loan in the timeframe, it will pay the borrower $1,000. “We’re here to help our customers.

In conjunction with the acquisition, HomeLight’s Home Loans division launches today, with operations in California, Colorado, Washington, Oregon, Pennsylvania and Texas. The companies come together.

"The survey shows that homeowners who are carrying credit card and other types of debt – including student loan debt – in addition to their mortgage are more likely to finance their home renovations .

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